Media Money with Julia Boorstin

'Hurt Locker' Sweeps Oscars

"The Hurt Locker" is the lowest grossing film to ever win best picture and Kathryn Bigelow is the first woman to win 'Best Director.'

Jeremy Renner in a scene from "The Hurt Locker".
Voltage Pictures

Bigelow's "The Hurt Locker" brought home six awards out of its nine nominations, beating her ex-husband James Cameron's "Avatar" in five of those categories (and losing to him in two).

Though the movie's no longer in theaters to benefit at the box office, DVD sales are sure to get a significant significant boost.

So what about "Avatar," the highest-grossing film of all time? The fact that such a large proportion of Academy members are actors means that they're more likely to vote for a film with actors rather than Avatars.

There were no upsets in the actor categories. Sandra Bullock won 'Best Actress' for 'Blind Slide, Mo'nique won 'Best Supporting Actress' for 'Precious,' Jeff Bridges for 'Crazy Heart,' and Christopher Waltz in 'Inglorious Basterds." Ditto 'Up,' which won best animated picture and best song, "The Weary Kind," from "Crazy Heart."

"Precious" winning best adapted screening was a surprise ('Up in the Air' was the front runner.) "The Hurt Locker" winning best original screenplay wasn't quite expected -- 'Inglorious Basterds' was considered quite likely.

The production event itself pulled out all the stops to appeal to mainstream moviegoing tastes. The ceremony put as many stars front and center as possible, starting with the first moment of the event, in which all the best actor and actress nominees walked on stage.

A big flashy opening number, with the popular star of CBS' "How I Met your Mother," Neil Patrick Harris, introduced Alec Baldwin and Steve Martin. They made a few Toyota jokes, but no Tiger Woods digs.

A horror movie tribute was introduced by the co-stars of the popular 'Twilight' films, and allowed for the inclusion of plenty of bloody scenes from throughout Hollywood history that never get an Oscar nod.

A parody of Paramount's (VIA) "Paranormal Activity" tapped into the phenomenon of the no budget film that grossed $183 million worldwide. And though 'Dark Knight' (TWX) wasn't nominated for last year's "Best Picture" Oscar, the blockbuster was used as the example for sound editing and mixing, voiced by Morgan Freeman.

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